Controller of Budget Margaret Nyakang’o’s report shows that usage of overdraft facility increased by 44 per cent in the financial year that ended in June 2025. [File, Standard]
The sustained low interest regime by the Central Bank of Kenya (CBK) gave room for the government to borrow more through overdraft in the financial year that ended in June 2025, but still paid less in interest charges.
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Controller of Budget Margaret Nyakang’o’s report shows that usage of overdraft facility increased by 44 per cent in the financial year that ended in June 2025.
[File, Standard]
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By Graham Kajilwa